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Determine the amount of net income Pronghorn will report in each of the four quarters of 2025, assuming actual sales are as projected and employing
Determine the amount of net income Pronghorn will report in each of the four quarters of 2025, assuming actual sales are as projected and employing the integral approach to interim financial reporting. (Ignore income taxes.) Repeat the analysis under the discrete approach. (Round answers to 0 decimal places, eg. 5,125. Enter negative amounts using either a negative sign preceding the number e.8. -45 or parentheses e. 8 . (45).) Determine the amount of net income Pronghorn will report in each of the four quarters of 2025 , assuming actual sales are as projected and employing the integral approach to interim financial reporting. (Ignore income taxes.) Repeat the analysis under the discrete approach. (Round answers to 0 decimal places, es. 5, 125. Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses es. (45).) Pronghorn. Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2025 are projected as follows. Pronghorn incurs variable manufacturing costs of $0.30 per unit and variable nonmanufacturing costs of $0.35 per unit. Pronghorn will incur fixed manufacturing costs of $720,000 and fixed nonmanufacturing costs of $1,080,000. Pronghorn will sell its product foe $4 per unit
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